How far will #Ethereum fall? $ETH
Etherum fans and investors take a moment to read this.👇
What I'm focusing on in this chart is not the price itself, but what the structure is telling us.
The rising trend that we've seen working for a long time is still in play. The pressure from above is clear, but there's no breakdown yet that would warrant panic. On the contrary, the price is gradually pulling back towards the trend support in a controlled manner.
For me, the critical zone is the 1,700–1,750 band.
This area has found buyers many times in the past and is a structurally strong region. If the market dips to this level and manages to hold there, this movement will be interpreted not as a "breakdown," but as a refueling process.
For the strong upward scenarios to work, a solid foundation needs to be established below first. These kinds of movements usually don't go straight up. They first test patience, then reveal their direction.
In summary:
• There is a decline, but it's not uncontrolled.
• The main trend is still in play.
• The real decision point is the support zone below.
It's more important to observe how it reacts here than to rush into anything.